Laredo Petroleum (LPI) Lowered to "Underweight" at JP Morgan Chase & Co

Panagora Asset Mngmt, a Massachusetts-based fund reported 22,411 shares. SunTrust upgraded Laredo Petroleum, Inc. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since December 18, 2016 and is uptrending. It has outperformed by 0.95% the S&P500. Point72 Asset Management Lp stated it has 4.13 million shares. Williams Companies Inc (The) now has $24.58 billion valuation. The stock increased 0.16% or $0.17 during the last trading session, reaching $104.14. About 112,329 shares traded. Fool.com's news article titled: "Here's Why Laredo Petroleum Inc Slumped 12% in November" with publication date: December 07, 2017 was also an interesting one. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.40, from 1.75 in 2017Q1. 37 funds opened positions while 52 raised stakes. The oil and gas producer reported $0.13 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by ($0.01). Lau Assocs Limited Liability Company has invested 1.42% of its portfolio in General Electric Company (NYSE:GE). Comerica Financial Bank reported 16,325 shares. Mgmt Associates has invested 0.76% in Apollo Global Management, LLC (NYSE:APO). Sei Invs holds 0.02% of its portfolio in Laredo Petroleum, Inc. Carlson reported 15,989 shares stake. Utah Retirement System stated it has 29,566 shares. Mawer Inv Mgmt Ltd invested 0% of its portfolio in General Electric Company (NYSE:GE). First Trust Ltd Partnership accumulated 58,841 shares. 169,379 are owned by Windsor Fin Group Inc Ltd Company. Massachusetts Co Ma invested in 0.03% or 2.79M shares. M Securities reported 136,875 shares. They expect $0.28 earnings per share, down 39.13% or $0.18 from last year's $0.46 per share. LPI now has a profit margin of 15.90%. BMO Capital Markets set a $14.00 price objective on Laredo Petroleum and gave the stock a "hold" rating in a research report on Tuesday, October 10th. Therefore 75% are positive. The Allstate Corporation had 45 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Thursday, December 10 by Jefferies. The company was maintained on Monday, July 17 by Oppenheimer. $12.51's average target is 25.60% above currents $9.96 stock price. The stock has "Buy" rating by Argus Research on Friday, August 12. Jefferies has "Buy" rating and $43 target. The firm earned "Buy" rating on Wednesday, October 11 by RBC Capital Markets. The rating was maintained by Barclays Capital with "Overweight" on Monday, November 20.

Investors sentiment increased to 1.2 in Q2 2017. Its up 0.26, from 0.94 in 2017Q1. It is negative, as 32 investors sold Laredo Petroleum, Inc. shares while 49 reduced holdings.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LPI. 92,015 were reported by Commonwealth Equity Service Inc. Teacher Retirement System of Texas boosted its stake in Laredo Petroleum by 3.8% during the 2nd quarter. Advantus Cap Mgmt Inc reported 0.09% stake. Blackrock Incorporated invested in 6.68M shares or 0% of the stock. Gsa Cap Prns Limited Liability Partnership has invested 0.04% of its portfolio in Laredo Petroleum, Inc. Axa invested 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 88,328 shares. Amalgamated Bancshares has invested 0.01% in Laredo Petroleum, Inc. Allianz Asset Management GmbH owned 0.33% of Laredo Petroleum worth $10,281,000 as of its most recent SEC filing.


Sailingstone Capital Partners Llc, which manages about $6.37B and $3.67B US Long portfolio, decreased its stake in Kosmos Energy Ltd (NYSE:KOS) by 3.21 million shares to 26.17M shares, valued at $167.75M in 2017Q2, according to the filing. Citigroup accumulated 800 shares or 0% of the stock. Winfield reported 80 shares. Koch Industrial has invested 0.04% in Laredo Petroleum, Inc. The stock had a trading volume of 3,430,000 shares, compared to its average volume of 2,930,000. Zacks downgraded Laredo Petroleum, Inc. (NYSE:LPI). 14,458 were reported by Great West Life Assurance Can. During the same quarter past year, the firm posted $0.12 EPS. LPI's profit will be $40.68 million for 13.96 P/E if the $0.17 EPS becomes a reality.

Laredo Petroleum, Inc. has a one year low of $9.46 and a one year high of $15.55.

Among 33 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 14 have Buy rating, 3 Sell and 16 Hold. Therefore 44% are positive. J P Morgan Chase & Co lowered shares of Laredo Petroleum from a "neutral" rating to an "underweight" rating in a report on Friday. The firm has "Sector Perform" rating by Howard Weil given on Friday, August 14. At the moment, the average analyst rating for LPI is Hold. The firm earned "Buy" rating on Tuesday, January 26 by Topeka Capital Markets. (NYSE:LPI) on Wednesday, March 30 to "Sell" rating. The company has a market cap of $2,300.00, a price-to-earnings ratio of 19.37, a PEG ratio of 3.78 and a beta of 1.32. Credit Suisse initiated The Williams Companies, Inc. Allianz Asset Management GmbH boosted its stake in Laredo Petroleum by 34.3% in the third quarter. (NYSE:LPI) has "Neutral" rating given on Tuesday, August 30 by Seaport Global. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company.

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